CMC Markets Institutional, a provider of liquidity and white label trading solutions, has added Ross Newell to its team as Business Development Manager, Institutional Business.
Newell will be working with institutional clients across Europe at the company’s London office, ensuring that they receive tailored liquidity solutions.
Richard Elston, Head of Institutional at CMC Markets, commented:
Ross joins the London office at an exciting time for the business. With our market-leading multi-asset offering, CMC Markets is seeing increased demand from those institutions looking for a single counterparty to meet all their trading needs. We look forward to working with Ross as he helps us continue to grow our presence in this field.
Ross Newell will work with CMC Markets Institutional to deliver three specific solutions to the market:
- the comprehensive suite of multi-asset liquidity services based around an Application Program Interface (API), designed to meet the urgent need for reliable liquidity among financial institutions such as broker aggregators, banks, proprietary trading firms and the hedge fund market.
- white label market counterparty solution for larger banks and regulated financial institutions; and
- grey label for mid-to-small sized brokers.
CMC Markets Institutional has also informed that it has adopted IRESS’s order management system just two months ago.